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ShroomsKit
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June 18, 2014, 05:18:39 AM |
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Ya know what sux, last night I sold a coin at 595.00 wanting it to hit the bank by Friday, and of course BTC now, 24 hrs. later is up 25 bux ... Oh well  Yeah well, that's what you get if you sell while all the signs says we're going up. |
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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Bitcoin_is_here_to_stay
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June 18, 2014, 05:21:04 AM |
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There are a lot of people waiting to take profits off the table as soon as we cross $600... Either that or a lot of people trying to cut losses..
Can be both  |
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Bitcoin_is_here_to_stay
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June 18, 2014, 05:22:25 AM |
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Once I met at lunch the prof from our Mechanical Engineering dept who wrote the report that pointed out the problem and eventually convinced the government to order the recall. It was not a easy struggle to overcome the Fiat lobbyists and lawyers, and I don't think that he got more than his expenses refunded.
Which just goes to show that sensible academics don't support fiat. You made my day  |
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Richy_T
Legendary
 Offline
Activity: 2436
Merit: 2119
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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June 18, 2014, 05:32:26 AM |
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I still like him better in Pulp Fiction.  |
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YogoH
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June 18, 2014, 05:58:08 AM |
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All the exchanges are alined?
What does it means?
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 18, 2014, 06:00:55 AM |
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ShroomsKit
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June 18, 2014, 06:14:44 AM |
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Nice to see this time there are no ridiculous walls at 620, 660 etc. maybe all the sellers finally understand that we're going up and selling huge amounts while doing so is just throwing away your money.
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maok
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June 18, 2014, 06:34:23 AM |
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Nice to see this time there are no ridiculous walls at 620, 660 etc. maybe all the sellers finally understand that we're going up and selling huge amounts while doing so is just throwing away your money.
I don't think the purpose of those walls was to sell them. |
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keithers
Legendary
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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June 18, 2014, 06:39:01 AM |
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All the exchanges are alined?
What does it means?
It doesn't mean much. Just a coincidence that people across multiple exvhanges are willing to buy at roughly the same prices. I wouldn't make all that much of it. |
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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June 18, 2014, 06:42:10 AM |
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Ya know what sux, last night I sold a coin at 595.00 wanting it to hit the bank by Friday, and of course BTC now, 24 hrs. later is up 25 bux ... Oh well Yeah well, that's what you get if you sell while all the signs says we're going up. No matter how much signs there are of bitcoin going up. Every time when I buy, prices drop a couple of dollars right after. I don't usually wait with buying either, I just buy when I have fiat. |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 18, 2014, 07:00:55 AM |
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cech4204a
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June 18, 2014, 07:20:10 AM |
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Nice recovery it is to see price get over 600$ again, but as there is seen on Huobi, price might stay there for a while i guess.
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Globb0
Legendary
Offline
Activity: 2674
Merit: 2053
Free spirit
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June 18, 2014, 07:31:22 AM |
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very true, its the vulnerability of it all, seems hackers just keep finding ways to steal other peoples coins or get coins they didn't earn or pay for lol amazing
this is my point, and if coins shoot up to thousands of dollars it is only going to be more attractive to steal/cheat them than to earn/trade/mine them. Plus how many scammers got busted so far? I see a lot of scams have happened. compared with other crime it seems practicaly risk free with greater potential gains too. This could undermine the protocol, despite the fact its not directly protocol related. Credibility is important |
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jl2012
Legendary
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Activity: 1792
Merit: 1093
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June 18, 2014, 07:34:22 AM |
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very true, its the vulnerability of it all, seems hackers just keep finding ways to steal other peoples coins or get coins they didn't earn or pay for lol amazing
this is my point, and if coins shoot up to thousands of dollars it is only going to be more attractive to steal/cheat them than to earn/trade/mine them. Plus how many scammers got busted so far? I see a lot of scams have happened. compared with other crime it seems practicaly risk free with greater potential gains too. This could undermine the protocol, despite the fact its not directly protocol related. Credibility is important Stealing 100,000BTC@$1 is same as stealing 1BTC@$100,000 |
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ShroomsKit
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June 18, 2014, 07:38:19 AM |
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I wonder what went wrong in your life if you have no problem stealing money from people like that.
I just hope all these disgusting scammers get the favour returned at some point in life. Real hard. Just when they needed their money the most.
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 18, 2014, 08:00:54 AM |
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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June 18, 2014, 08:04:46 AM |
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Eh. I'm not that impressed. Textbook 'recovery on falling volume' so far.  I still think the more likely scenario is another dip into the 500s, followed by 1 or 2 weeks of low volume sideways at 560, maybe 590, then breakout. |
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Erdogan
Legendary
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Activity: 1512
Merit: 1005
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June 18, 2014, 08:14:50 AM |
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There are a lot of people waiting to take profits off the table as soon as we cross $600... Either that or a lot of people trying to cut losses..
Then you have the other bunch, sitting on the fence: I've heard they are suppose to rise, and yes, that seems to happen... |
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Erdogan
Legendary
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Activity: 1512
Merit: 1005
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June 18, 2014, 08:25:46 AM |
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Millions of BTC have been found, and while we wait for the 300 K USD2014 coins, they have to be parked in some wallets.
It's a dirty job, but someone's got to do it!
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